Furthermore, a pipeline capacity auction held on Sunday showed no increase in supplies from Russia to Europe.

Meanwhile, gas shipments entering Germany's Mallnow remained reduced while elsewhere, a damaged pipeline in Bulgaria and the end of a 25-year transit deal between Spain and Algeria added further pressure.

Natural gas prices hit an all-time high of EUR 162/MWh on October 5, and have since declined by about 50% on hopes that supplies will increase with the help of Russia.